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Investing in China’s Greater Bay Area

Published: February 2021

Since the formulation of the GBA Initiative in 2017, business communities have placed high expectation on the coordinated development among GBA cities, as the removal of barriers that limit the movement of trade, capital, information, and people—coupled with targeted government policies—will allow various industries to flourish. In this issue of China Briefing magazine, we demonstrate the opportunities in the Greater Bay Area from multiple perspectives.


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Audit and Compliance in India

Published: February 2021

India’s audit regulations require businesses to comply with various types of audits, governed under different laws. Since the commencement of the Goods and Services Tax (GST) law in 2017, businesses and entrepreneurs in India are also required to conduct GST audit each year. In this issue of India Briefing, we provide readers with an overview of India’s audit types and processes, including general requirements and materials to be prepared to stay compliant. Further, we explain the different types of auditor opinions that can help companies manage their business better and address problems by identifying irregularities and errors. Lastly, we cover key aspects of conducting the GST audit.


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Vietnam’s Southern Key Economic Region – A Magnet for Investment

Published: December 2020

Vietnam’s successful containment of the COVID-19 pandemic and the recently ratified Vietnam EU Free Trade Agreement (EVFTA) has reassured investors. Upbeat manufacturers have even relocated production to the country. In this context, it is important to understand Vietnam’s vast key economic regions tailored to specific industries – providing special incentives, cost structures, and clear regulatory frameworks. In this issue of Vietnam Briefing magazine, we look at the Southern Key Economic Region and the reasons why it is termed as an investment hub of the country.


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Annual Audit and Compliance in China: Prepare for 2021

Published: December 2020

The start of a new year tends to be a hectic time for foreign companies in China. During this period, businesses must also begin to prepare their annual statutory audit – if they have not started to do so already. In this issue of China Briefing magazine, we walk foreign businesses through the annual audit and compliance process from start to finish. We begin by exploring the significance of annual audit on FIEs and strategies on how to make the most out of the annual audit. Then, we offer a comprehensive step-by-step guide to completing the annual compliance process and highlight the changes in the past year. Finally, we provide a comprehensive introduction to the new China Accounting Standards that will affect most businesses, starting January 1, 2021.


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Restructuring Your China Business to Outperform in the New Normal

Published: November 2020

The year 2020 challenged businesses around the world with the early breakout of the pandemic. Companies around the world will likely need to make more difficult decisions going into 2021, exploring strategies to bolster their operational sustainability, such as by restructuring their companies. In this issue of China Briefing magazine, we walk foreign investors through the different considerations when restructuring their China businesses.


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Representative Office in Vietnam: Procedures and Compliances for Setting Up and Dissolution

Published: October 2020

Vietnam continues to showcase strong growth patterns despite the ongoing COVID-19 pandemic, leading investors to favorably consider the country as an ideal location for new investment. In this context, it is important to understand the prevailing office types and structures in the country. For foreign businesses looking to enter Vietnam, the representative office (RO) structure is a popular vehicle for investment due to a variety of factors. In this issue of Vietnam Briefing magazine, we look at how to establish an RO, the viability of RO operations, and tax obligations involved with dissolving an RO.


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Optimizing Your China Accounting and HR Processing with Cloud Technology

Published: August 2020

Most businesses with experience in China are accustomed to the complex, paper-intensive, and laborious manual procedures required to execute back office functions like accounting, human resources (HR), and payroll. New technology solutions are changing this experience in many regards. While its regulatory environment remains complex, China has leapfrogged other countries by rapidly digitalizing its financial, tax, and HR compliance procedures. This is enabling companies based in China to transition to far more productive and effective ways of administering their back office functions. In this special issue of China Briefing, we examine how business leaders can get the most from simple, cost-effective solutions.


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Assessing Vietnam’s Economic Prospects for Foreign Investors After COVID-19

Published: August 2020

The start of 2020 began with COVID-19, restricting travel, disrupting global supply chains, and causing large scale unemployment due to significant losses incurred by global businesses. Nevertheless, Vietnam has also been one of the few countries that achieved net positive growth during the pandemic. In this issue of Vietnam Briefing, we look at Vietnam’s management of the pandemic and key incentives from the government to attract and sustain foreign investment and aid business recovery. We conclude by assessing the growth of new investment opportunities that have been shaped by the pandemic crisis.


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Business Recovery in ASEAN After COVID-19

Published: July 2020

Southeast Asia has been hit hard by the COVID-19 pandemic as much of the rest of the world. In response, countries across the ASEAN bloc have issued various stimulus packages containing incentives and new regulations to mitigate the economic impact of the pandemic. In this issue of the ASEAN Briefing magazine, we begin by introducing the different incentives and measures issued by ASEAN’s largest economies from March to June 2020 to mitigate the economic impact of the virus. We then analyze the HR and employment issues faced by businesses during the pandemic. Finally, we focus on the investment opportunities in ASEAN in the post COVID-19 era.


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Opportunities for Foreign Investors in China’s Service Industries After COVID-19

Published: June 2020

Having suffered through the worst of the COVID-19 outbreak in the initial months of the year, China now offers the world a way to move forward. Key lessons for enterprises in China include the digitization of all contact-facing operations to the utmost extent possible, refitting core company assets, redirecting resources to adapt to new market changes, and either expanding the scope of business through technology solutions or withdrawing to core operation strengths. In this edition of China Briefing Magazine, we focus on how key industries in the services sector have entered into a new normal in 2020. We also provide an overview of new opportunities available for foreign investors as a result of the disruption. Finally, we spotlight two major industries impacted by COVID-19 in China, healthcare and food and beverages.



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